SBA Increases size standards for NAICS Sector 56, Administrative and Support, Waste Management and Remediation Services

The Small Business Administration (SBA) has revised the size standards for 37 industries within NAICS Sector 56, which covers Administrative and Support, Waste Management, and Remediation Services, by increasing the revenue thresholds that define small businesses. The current size standards for the remaining seven industries in this sector are unchanged. This update is part of SBA’s thorough reevaluation of all receipts-based size standards in this sector, although it did not include the employee-based size standard for Environmental Remediation Services at this time, which will be reviewed in the future alongside other employee-based standards. These changes, effective as of January 7, 2013, will enable approximately 2,700 additional firms to qualify as small businesses, thereby making them eligible for SBA loan programs and federal procurement opportunities. This action follows a public rulemaking process, with the final rule and related public comments accessible online. Interested parties can find more information or obtain the final rule documentation via the SBA’s official channels or through Regulations.gov. The contract opportunity is identified under solicitation number SBA-12062012-sect56, with Carl J Jordan serving as the point of contact for inquiries. The revisions intend to better align size standards with current economic realities, fostering increased access to SBA resources for a broader range of small businesses within this industry sector.